Are you looking for an accountant who’s a good fit for your business and meets your needs? With so many options out there, it can feel like a long and difficult choice.
First of all, it is important to remember that the accountant plays a vital role with the business manager. Their mission is to support the manager and help them grow their business safely.
Choosing the right accountant is therefore a major issue, and it starts from the very beginning of your business.
Here is a list of eight criteria to consider when approaching a firm!
Before choosing your accountant, you must ensure that they are registered with the board of certified public accountants. If this is not the case, they are not legally authorized to practice the profession and invoice you for accounting services.
You can check the firm's existence on the online directory of chartered accountants before subscribing.
During the life of a company, there are situations that require a certain responsiveness. Make sure your accountant responds quickly and is up-to-date with the latest tax changes.
Keep in mind that they will be your main partner and daily advisor, so it's important that they have these qualities.
Some managers prefer direct contact with their various partners/advisors. In this case, you'll need to find a firm that's located close to your business.
Others are totally fine working remotely with an online accounting firm. Both options are possible these days. It's up to you to pick the one that suits you best.
Make sure the accounting firm's software and working methods suit you. First, check if your IT tools are compatible with those of the firm, whether it uses paperless solutions or prefers paper, whether it offers automated dashboards, etc.
Also, if the firm offers additional services other than accounting management, such as completing routine legal formalities or payroll for your employees.
The amount of fees shouldn't be the only thing you look at when deciding. Feel free to compare fees between different firms, but before you make a decision, also check the level of service and quality of advice for the proposed rate.
Before picking an accountant, figure out what kind of services and support you need.
Indeed, some sectors of activity require specialized or technical skills. For example, if you are a lawyer, ask if the accountant already works with lawyers.
Therefore, not all accounting firms will be able to assist you with your business or the steps you want to take.
Trust is one of the foundations of the manager/accountant relationship.
We advise you to either choose a chartered accountant who has been recommended to you, or to have an initial discussion (often free of charge) with them beforehand. This ensures that you are both on the same page.
If you're a freelancer or a small business, a big firm might not be the right fit.
Written by our expert La Rédaction
on March 10, 2020
